Zomato rallies 7% on inclusion in BSE Sensex from Dec 23; JSW Steel down 2%
Views : 141
Update time : 2024-11-25 15:13:41
Shares of food aggregator Zomato rallied 7 per cent to Rs 282.85 on the BSE in Monday’s intra-day trade after the stock exchange announced that it will replace JSW Steel with Zomato in the BSE Sensex index, starting December 23. This change is a part of the index’s regular constituent rebalancing.
The changes will take effect on December 23, 2024, Asia Index Pvt Ltd, a subsidiary of the BSE, announced on Friday. Zomato's inclusion in the 30-stock index marks a significant milestone for the company, which has seen an impressive rally over the past year. Apart from that, Zomato will also be available for trading in the future & option (F&O) segment from November 29.
